5 Days a Week High Quality Coffee Shop in Hosptial District

Dallas, TX (Dallas County)

5 Days a Week High Quality Coffee Shop in Hosptial District
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Asking Price: $249,000

Cash Flow: $111,646

Gross Revenue: $329,121

EBITDA: N/A

FF&E: $50,000

Inventory: $5,000*

Established: 2017

*not included in asking price.

5 Days a Week High Quality Coffee Shop in Hosptial District

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Business Description

Prime office location gourmet coffee shop serving breakfast items that is placed in a bustling medical district is available for acquisition. This business was originally established in 2017 by the current owner of the business. Most of the customers are office employees and locals that make a fixed clientele which has been building since inception of the business. Gross sales average was $29,000/year that has been drastically increasing as the office employees come for breakfast menu items and word of mouth is spreading throughout the area. Not only this business offers variety of quality coffee, it also serves empanadas, breakfast tacos, burritos, and sandwiches. Although some marketing is in place through social media outlets, other sources of proactive marketing tactics needs to be fully utilized to maximize income potential and reach untapped areas that has other sources of revenue through corporate accounts. Competition is expected for this competitive industry, but this business provides an abundant amount of quality products that is similar in price points to corporate competitors within the local area. There are many ways to proactively market this business such as direct mailing, banners, online ADs, catering, flyers and full-time owner involvement. Having an owner-operator within the business will help tremendously by cutting unnecessary payroll expenses on additional employees and will help the business maintain a high level of quality control. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

Listing ID #000760
For more info, please call Kevin Chung at 1-866-519-2421.

Detailed Information

Inventory:
Not included in asking price
Employees:
3FT/2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 1,630 SF space of a high-end office building surrounded by numerous medical offices and hospitals. All equipment is in impeccable condition and in working order.
Competition:
Few corporate competitors are within the immediate market area, but this business provides quality products that have similar price points to the competitors.
Growth & Expansion:
Some marketing is done through social media outlets, but other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers. Also by offering more variety of food options, opening on the weekends, and offering catering will greatly impact overall sales.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason for Selling:
Other Opportunities.
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Contact the Seller

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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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